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MCCOACH: You d be surprised. If you ship 50,000 ounces of gold, it costs about $45 to ship it registered, and insured.

TGR: So, it s not that big a deal.

MCCOACH: Right, it s not that big a deal. So, first of all at AmeriGold, we don t store any metals here, because we don t want any of the liability of handling the metals. We use depositories there are three major depositories that we use. We just facilitate the order whether buying or selling. We give buyers the prices when they re ready to buy. And they say, Great, lock that in for us. And they have three days to get their checks to us we want personal checks. We don t want bank checks.

We want a personal check or a bank wire either works. It takes about three days for the money to clear our bank account once it s cleared, it is shipped directly from our depository direct to the address they want it shipped to via the registered insured delivery. It usually goes through the Post Office on silver, which is usually heavier, it sometimes goes through UPS. But either or, when you re ready for it to happen, you can take delivery of it.

When you re ready to sell, you just call us back up, and we give you the buy back price, and you don t pay any commissions when you sell. You pay your commissions and transactions costs up front when you buy. So, when you re selling, you re basically just going to get the spot price on your gold. On silver, the price minus 15 cents per ounce. And that s how it works when you re selling. We give you a trade number when you re buying from us we give you a purchase order number when we re buying from you.

By arrangement with: www.theaureport.com